21H.290 - MIT Concourse

Core Concourse Classes

21H.290

Economic Classics: The History of Economic Ideas from Ancient Times to the Present

Faculty: A. McCants and I. Kumekawa

Surveys the history of economics by introducing students to some of the most powerful and influential economic thinkers, from Xenophon and Huan K’uan through Adam Smith and Karl Marx, to Abhijit Banerjee and Esther Duflo. Explores the evolution of key economic concepts – the state and the market, natural resources, and crises – by situating them in historical context and perspective. Through the close reading, analysis and discussion of some of the most important texts in the history of economic thought we trace the development of ideas, norms, and ways of thinking that continue to shape decision-making in both daily life and in global policy.